Unibuddy, a New York-based university recruitment platform, raised $20M in Series B funding.
The round was led by Highland Europe with participation from Stride.VC.
The company, which has raised a total of $32m USD since its inception in 2017, intends to use the funds to expand operations, accelerate growth and its business reach.
Led by Diego Fanara, Unibuddy provides student recruitment for higher education institutions by enabling prospects and applicants to virtually connect with student ambassadors and school staff through the web-integration of its direct messaging platform. When exploring a university’s website, applicants from anywhere can chat with existing students and staff in real-time about a variety of topics. Popular discussions on the platform center around fitting in, programs of study, employability upon graduation, student life, admissions requirements, and testing criteria.
This round follows a record-breaking year for Unibuddy that saw the company almost triple its revenues.
Unibuddy, which has 117 employees across New York, London, Bangalore and Singapore, has partnered with 450+ higher education customers. The United States is one of Unibuddy’s largest markets with 136 university partners across the country, from Georgetown University in Washington, D.C., to Fordham University in New York City, and the University of Arizona.